Interest rate (also called the rate of return).
For example:
What is the interest rate on a 10,000$ principle investment that pays 500$ after one year?
10000 * r = 500
r = 500 / 10000
r = .05 = 5%
Check:
10000$ @ 5%/1 yr = i
10000 * 5/100 = i
10000 * .05 = 500 ($ Interest at the end of 1 yr)
500 = 500 = true!
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Response 1:
what is the answer
d. percent of change
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Rate of Change
heuristics
95% = 19/20
2.75 percent written as a fraction = 11/42.75 * 100/100 = 275/100 or 11/4 in fraction in lowest term
250 percent as an improper fraction in lowest terms is 5/2. The mixed number form of 250% is 21/2 or 2.5 in decimal form.